This is the latest deal by Mr Ahouvi, who has purchased a number of properties around Dublin in recent months.

Two months ago the entrepreneur bought an Aldi supermarket on Parnell Street for €5.8m. He has also been behind an Aldi supermarket investment in Sandyford for €7.7m and similar Tesco investments in Roscrea for €12.5m and Gorey for €21m.

TWM have acted for Mr Ahouvi on several deals.

The businessman has been investing in property for several years, although he is a relatively new entrant into the Irish market.

In 2006 he bought an office block in Germany for a reported €260m, while a year earlier he bought seven Deutsche Telekom sites there for €182m.”